1244 N Rose Street, Tempe, AZ 85288

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1244 N Rose Street,Tempe, AZ 85288
$950,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:brett borinstein
Office:gentry real estate
MLS#:6931623
Source:ARMLS

Price summary

  • Price:$950,000

About this home

Exceptional investment and development opportunity in a rapidly growing area. This fully renovated five-unit property includes one single-family home and two duplexes, all situated on two parcels with potential to add two additional large units under current zoning. The property features four 2-bedroom, 1-bath units and one 3-bedroom, 2-bath single-family residence, currently fully occupied and grossing $8,176 per month. Every unit has been completely remodeled inside and out with new HVAC systems, roofs, electrical panels, windows, and modern interiors. More than $600,000 has been invested in updates, making this a turnkey asset with strong income and future upside.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1969
  • Listing ID #:6931623
  • Updated:October 10, 2025 at 03:38 PM

Heating and cooling

  • Cooling:2 or more Cooling Units, Ceiling Fan(s)
  • Heating:2 Or More Heating Units, Central

Structure and exterior

  • Year built:1969

Schools

  • High school:Tempe High School
  • Middle school:Cecil Shamley School
  • Elementary school:Cecil Shamley School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$950,000
  • Tax amount:$1,477 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 1244 N Rose Street